We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you. Each year the IRS requires most tax-exempt organizations to submit Form 990 and its relations. Maryland law requires non-profits with annual contributions between $200,000 to $500,000 to be reviewed by an independent accounant, and non-profits with gross income exceeding $500,000 must file audited financial statements, which include:
The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it's imperative that you build your accounting system around these revenue and expense classifications. Here's what we can do for you...
If you're starting a new not-for-profit organization we can help you prepare your organization's 501 (c)(3) application for tax-exempt status. Here's what's needed...
We are happy to prepare any of these items if you need help. |